Starlog Enterprises Ltd

Starlog Enterprises Ltd

₹ 39.0 -2.67%
28 Nov - close price
About

Incorporated in 1983, Starlog Enterprises
Ltd is in the business of providing cranes
on rental basis and ancillary business[1]

Key Points

Business Overview:[1]
SEL is a crane rental company which owns and operates cranes of up to 600 MT capacity for energy, infrastructure, and natural resources. The company has participated in several infrastructure projects on its own and in collaboration with global Port and Logistic providers

  • Market Cap 58.4 Cr.
  • Current Price 39.0
  • High / Low 92.4 / 38.6
  • Stock P/E
  • Book Value 61.9
  • Dividend Yield 0.00 %
  • ROCE -0.79 %
  • ROE -2.70 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.63 times its book value
  • Debtor days have improved from 249 to 170 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -10.4% over past five years.
  • Company has a low return on equity of -15.2% over last 3 years.
  • Contingent liabilities of Rs.188 Cr.
  • Company has high debtors of 170 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -12.9%
  • Working capital days have increased from -994 days to 122 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
1.97 1.85 1.59 2.83 2.85 2.40 3.33 2.57 2.75 4.52 2.15 2.22 1.87
5.34 2.60 0.82 2.33 2.61 2.21 7.59 1.59 2.20 2.25 3.44 2.54 2.44
Operating Profit -3.37 -0.75 0.77 0.50 0.24 0.19 -4.26 0.98 0.55 2.27 -1.29 -0.32 -0.57
OPM % -171.07% -40.54% 48.43% 17.67% 8.42% 7.92% -127.93% 38.13% 20.00% 50.22% -60.00% -14.41% -30.48%
45.50 1.18 1.26 0.42 0.56 0.00 9.37 0.01 24.99 0.82 3.14 0.07 -0.58
Interest 1.07 1.11 1.14 1.29 1.37 1.40 0.67 0.13 0.14 0.23 0.64 0.23 0.10
Depreciation 0.98 0.87 0.81 1.04 0.85 0.90 0.48 0.47 1.14 0.66 1.01 0.62 0.57
Profit before tax 40.08 -1.55 0.08 -1.41 -1.42 -2.11 3.96 0.39 24.26 2.20 0.20 -1.10 -1.82
Tax % 0.00% 0.00% -125.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
40.08 -1.56 0.18 -1.40 -1.42 -2.11 3.97 0.40 24.26 2.20 0.20 -1.10 -1.81
EPS in Rs 33.49 -1.30 0.15 -1.17 -1.19 -1.76 3.32 0.33 20.27 1.84 0.17 -0.73 -1.21
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
74.37 71.77 78.63 63.45 28.37 24.56 20.71 18.14 14.48 8.01 11.41 11.99 10.76
36.62 44.80 37.84 36.52 24.50 18.29 13.04 13.40 15.08 10.14 9.26 9.46 10.67
Operating Profit 37.75 26.97 40.79 26.93 3.87 6.27 7.67 4.74 -0.60 -2.13 2.15 2.53 0.09
OPM % 50.76% 37.58% 51.88% 42.44% 13.64% 25.53% 37.04% 26.13% -4.14% -26.59% 18.84% 21.10% 0.84%
1.97 7.22 11.66 0.09 23.84 4.87 -69.00 3.55 9.56 52.83 5.66 28.96 3.45
Interest 32.22 31.50 29.54 30.84 23.05 24.90 25.80 27.54 26.88 10.71 5.51 1.15 1.20
Depreciation 35.00 22.59 24.11 20.58 16.66 14.26 13.76 11.28 8.79 4.44 3.26 3.28 2.86
Profit before tax -27.50 -19.90 -1.20 -24.40 -12.00 -28.02 -100.89 -30.53 -26.71 35.55 -0.96 27.06 -0.52
Tax % -33.45% -31.21% -39.17% -3.77% 0.00% 0.00% 0.00% 0.00% 0.00% -0.28% 0.00% 0.00%
-18.30 -13.69 -0.74 -23.48 -12.00 -28.03 -100.89 -30.54 -26.71 35.64 -0.96 27.06 -0.51
EPS in Rs -15.29 -11.44 -0.62 -19.62 -10.03 -23.42 -84.31 -25.52 -22.32 29.78 -0.80 22.61 0.07
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -16%
5 Years: -10%
3 Years: -6%
TTM: -3%
Compounded Profit Growth
10 Years: 7%
5 Years: 14%
3 Years: 25%
TTM: -347%
Stock Price CAGR
10 Years: -13%
5 Years: 32%
3 Years: 44%
1 Year: -23%
Return on Equity
10 Years: %
5 Years: %
3 Years: -15%
Last Year: -3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 14.97
Reserves 200.51 186.51 185.77 140.30 127.71 99.93 -0.79 -31.33 -58.19 42.49 41.53 68.59 77.68
237.83 213.47 193.73 183.93 127.49 116.39 106.11 90.92 80.60 16.59 18.65 14.03 4.18
56.94 77.61 72.32 92.33 101.26 125.27 127.49 135.64 150.86 78.99 72.14 33.34 29.38
Total Liabilities 507.25 489.56 463.79 428.53 368.43 353.56 244.78 207.20 185.24 150.04 144.29 127.93 126.21
276.05 251.63 209.96 189.43 139.17 124.24 97.77 81.95 65.27 32.78 29.13 18.75 19.52
CWIP 18.73 7.09 7.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 64.09 117.06 141.28 151.52 151.52 151.52 74.85 74.85 74.85 74.85 74.84 74.84 74.84
148.38 113.78 105.46 87.58 77.74 77.80 72.16 50.40 45.12 42.41 40.32 34.34 31.85
Total Assets 507.25 489.56 463.79 428.53 368.43 353.56 244.78 207.20 185.24 150.04 144.29 127.93 126.21

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
33.41 67.83 59.25 25.69 8.81 11.30 4.40 10.68 9.81 -6.03 5.24 -21.83
0.68 -17.44 -7.94 -2.43 34.84 2.67 16.38 8.95 10.72 24.44 -3.23 10.70
-37.40 -50.99 -50.64 -22.19 -45.47 -14.01 -19.43 -21.20 -18.80 -17.47 -2.67 9.50
Net Cash Flow -3.31 -0.60 0.67 1.07 -1.82 -0.04 1.36 -1.57 1.73 0.93 -0.66 -1.63

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 173.40 135.89 138.29 152.85 360.24 409.58 458.06 207.65 224.34 361.35 214.97 169.87
Inventory Days
Days Payable
Cash Conversion Cycle 173.40 135.89 138.29 152.85 360.24 409.58 458.06 207.65 224.34 361.35 214.97 169.87
Working Capital Days 5.45 -180.95 -261.48 -711.82 -1,473.77 -2,065.16 -2,689.12 -3,525.25 -4,674.17 -2,031.88 -1,072.93 122.07
ROCE % 1.02% 1.19% 4.30% 1.76% -4.15% -1.40% -2.07% -3.15% -10.65% -8.78% 5.03% -0.79%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 51.52% 51.52%
35.56% 35.56% 35.56% 35.55% 35.55% 35.56% 35.55% 35.55% 35.55% 35.55% 48.47% 48.48%
No. of Shareholders 4,5644,5844,5664,5854,7144,7784,8014,9945,0125,0234,8994,861

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